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Mises Daily

Mises DailyMarch 3, 2015Gary GallesThe Jones Act and similar laws have been behind a precipitous decline in global American shipping. Passed for "national defense" purposes, such laws only serve to raise the cost of shipping to US ports while restricting consumer access to goods...

Mises DailyMarch 2, 2015James BovardGovernment will be so much better if we just adopt the latest fads in government reform, we’re told. Needless to say, modest reforms have a long record of total failure and the only answer is to make radical cuts to every government program...

Mises DailyFebruary 28, 2015Jörg Guido HülsmannMoney creation does not benefit equally. It creates a class of winners (those who get new money first) at the expense of losers (those who get new money later). Not surprisingly, an inflationary money supply increases the wealth and income gap in society.

Mises DailyFebruary 27, 2015Brendan BrownJanet Yellen testified before Congress this week, but the Senate Republicans, who claim to be the guardians of monetary sanity, failed to show any true understanding of monetary policy and the damage the Fed has inflicted.

Mises DailyFebruary 26, 2015Ryan McMakenPoliticians are telling us that we need the government to ensure "neutrality" in how broadband resources are allocated. However, not only is neutrality in allocation impossible, the effort to do so only hands more power over to the politicians while rendering consumers powerless...

Mises DailyFebruary 25, 2015John P. CochranThe ideal reform is always the elimination of the Fed and other central banks. But given the fact that Austrians understand the monetary system better than others, it's important that Austrians also seek to limit the harm the Fed is doing through less-than-ideal reforms...

Mises DailyFebruary 24, 2015Mark ThorntonThe world is teeming with skyscraper building from China to London, and a new record-setting skyscraper is planned for 2016 in Saudi Arabia. Will this skyscraper herald the next global economic crisis as Dubai's Burj Khalifa presaged the 2009 crisis?

Mises DailyFebruary 23, 2015Christopher WestleySome promoters of big government are now worried that the government isn't spending enough taxpayer money, time, and energy on teaching the liberal arts. Society would benefit greatly from a flowering of liberal education, but do we really need the government to make that happen?...

Mises DailyFebruary 20, 2015Ryan McMakenKorea's economy has taken off since the 1997 financial crisis, and so has Korea's cultural and economic prominence on the world stage. But is Korea repeating the mistakes of Japan and other centrally-planned boom economies?...

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What Is the Mises Daily

The Mises Daily presents relevant short articles from the perspective of an unfettered free market and Austrian economics. Written for a broad audience of laymen and students, the Mises Daily features a wide variety of topics including everything from the history of the state, to international trade, to drug prohibition, and business cycles.